The Feed-in Tariffs Order 2012

Calculation of FIT contributions, etc. E+W+S

27.—(1) Before the Authority calculates annual levelisation payments under article 26, it must determine in relation to each licensee—

(a) the FIT contribution (if any);

(b) the adjusted FIT contribution;

(c) the market share; and

(d) the market share FIT contribution,

of the licensee for the FIT Year.

(2) The FIT contribution of a licensee (“A”) in respect of a FIT year is the sum of the following [F1 payments made and incurred] by A during that FIT year—

(a) generation payments;

F2 (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c) net deemed export payments; and

(d) qualifying FIT costs.

(3) The adjusted FIT contribution of A in respect of a FIT year is A's FIT contribution (if any) adjusted by—

(a) adding the amounts of any periodic levelisation payments [F3 and mutualisation payments] made by A in respect of that FIT year; and

(b) subtracting the amounts of any periodic levelisation payments [F4 and mutualisation distributions] received by A in respect of that FIT year.

(4) The market share of A in a FIT year means the relevant amount of electricity supplied by A in that FIT year, expressed as a percentage of the electricity supply market of Great Britain.

(5) The market share FIT contribution of A in respect of a FIT year is the sum of the FIT contributions of all licensees for that FIT year multiplied by the market share of A in that FIT year.

(6) In this article—

[F5 “the capped amount of qualifying renewable electricity” is calculated in accordance with article 27A;]

“customer” has the same meaning as in the standard conditions of electricity supply licences;

[F6 “the electricity supply market of Great Britain” means—

(a)

for all FIT years up to and including FIT year 6, the amount of electricity supplied by all licensees to customers in Great Britain less the amount of electricity so supplied that is sourced from renewable resources and generated outside the United Kingdom; and

(b)

for FIT year 7 and subsequent FIT years, the amount of electricity supplied by all licensees to customers in Great Britain less any qualifying renewable electricity;]

“net deemed export payments” means deemed export payments made by a FIT licensee, less the value of deemed exports to that licensee as calculated at the rate determined by the Secretary of State under article 38(1)(a);

F7 ...

“qualifying FIT costs” means the reasonable costs of a licensee incurred as a result of the FIT scheme (excluding the cost of FIT payments), as determined by the Secretary of State under article 38(1)(c); and

[F8 “qualifying renewable electricity” is electricity which is—

(a)

produced from renewable sources (as defined in regulation 2(1) of the Electricity (Guarantees of Origin of Electricity Produced from Renewable Energy Sources) Regulations 2003);

(b)

generated in a member State of the European Union other than the United Kingdom; and

(c)

generated by a generating installation which—

(i)

had a capacity equal to or less than the specified maximum capacity; and

(ii)

became operational on or after 1st April 2010;]

[F9 “the relevant amount of electricity supplied by A” means—

(a)

for all FIT years up to and including FIT year 6, the amount of electricity supplied by A to customers in Great Britain, less the amount of any electricity so supplied that is sourced from renewable sources and generated outside the United Kingdom; and

(b)

for FIT year 7 and each subsequent FIT year, the amount of electricity supplied by A to customers in Great Britain, less A’s capped amount of qualifying renewable electricity for that FIT year;]

Textual Amendments

F1 Words in art. 27(2) substituted (15.1.2016) by The Feed-in Tariffs (Amendment) (No. 3) Order 2015 (S.I. 2015/2045), arts. 1, 18(2) (with art. 24)

F2 Art. 27(2)(b) omitted (1.7.2013) by virtue of The Feed-in Tariffs (Amendment) Order 2013 (S.I. 2013/1099), arts. 1, 6(2)

F3 Words in art. 27(3)(a) added (1.7.2013) by The Feed-in Tariffs (Amendment) Order 2013 (S.I. 2013/1099), arts. 1, 6(3)(a)

F4 Words in art. 27(3)(b) added (1.7.2013) by The Feed-in Tariffs (Amendment) Order 2013 (S.I. 2013/1099), arts. 1, 6(3)(b)

F5 Words in art. 27(6) inserted (15.1.2016) by The Feed-in Tariffs (Amendment) (No. 3) Order 2015 (S.I. 2015/2045), arts. 1, 18(3)(b) (with art. 24)

F6 Words in art. 27(6) substituted (15.1.2016) by The Feed-in Tariffs (Amendment) (No. 3) Order 2015 (S.I. 2015/2045), arts. 1, 18(3)(a)(i) (with art. 24)

F7 Words in art. 27(6) omitted (1.7.2013) by virtue of The Feed-in Tariffs (Amendment) Order 2013 (S.I. 2013/1099), arts. 1, 6(3)(c)

F8 Words in art. 27(6) inserted (15.1.2016) by The Feed-in Tariffs (Amendment) (No. 3) Order 2015 (S.I. 2015/2045), arts. 1, 18(3)(c) (with art. 24)

F9 Words in art. 27(6) substituted (15.1.2016) by The Feed-in Tariffs (Amendment) (No. 3) Order 2015 (S.I. 2015/2045), arts. 1, 18(3)(a)(ii) (with art. 24)